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China tech giant JD.Com unit, two other firms plan $1 billion Singapore REIT: SourcesJD Property, Partners Group, and EZA Hill Property are planning to launch a Singapore-based REIT potentially valued at over $1 billion, aim...
Hong Kong-based crypto platform OSL shares jump on Canadian acquisitionOSL Group's shares surged 10% after acquiring Canada’s Banxa, boosting global expansion in digital assets. The firm eyes stablecoin issuanc...
Asian stocks fall as US rally takes a breather: Markets wrapAsian stocks declined following a halt in Wall Street's rally near record highs. Shares fell in Japan, Australia, and South Korea, while Ch...
TikTok looks to take on Amazon in US, eyes $17.5 billion shopping business in 2024TikTok’s ambitious target sets up a clash not just with Amazon but also fellow Chinese-owned outfits Temu and Shein, who’ve been making big...
China's ecommerce discount race to the bottom puts incumbents under pressureLow-cost platforms in China, as well as multinational companies shipping from the country, look set to shape the year's final quarter - one...
China's JD. com to spin off industrial, property units in $1 billion Hong Kong floatsIn a filing on Thurday, JD.com said it would continue to hold a stake of more than 50% in the units, JD Industrials and JD Property, upon c...
China's JD.com reports higher fourth-quarter adjusted profitRevenue rose 7.1% to 295.4 billion yuan in the three months ended December, missing analysts' estimates of 296.17 billion yuan, according t...
China's JD.com to shut ecommerce sites in Indonesia, ThailandJD.com will end its services in Thailand on March 3 and in Indonesia from the end of the same month, its local websites showed. Both units ...
China's JD.com to shut e-commerce sites in Indonesia, ThailandJD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month, its local websites showed. Both unit...
Lucky 13From Moglix becoming India's latest startup unicorn to Flipkart eyeing a stake in former exec's venture and Clubhouse coming soon to India,...
SE Asia's biggest travel app Traveloka plans regional fintech expansion before 2021 listingTraveloka, which says it has 40 million active monthly users, is developing "buy now, pay later" services for Thailand and Vietnam markets.
Dear Alibaba, thank you for the $10 trillion giftAlibaba has raised about $11-bn in Hong Kong's largest issuance of stock since 2010.
Mother of all sales: Alibaba goes international to hit new singles' day recordAlibaba Group Holding Ltd. is looking beyond borders to turn its annual Singles’ Day shopping celebration into a global phenomenon.
'Investors will find the next 5 years better than the last 5 in India'India will be the most competitive market in the world in terms of funding sources as well as number of startups believes Hans Tung, managi...
Emerald Media leads $65 million Series B funding of Southeast Asian ecommerce companiesEmerald, which has a $300 million corpus from KKR to invest on fast-growing media, entertainment, consumer tech and B2B industries across A...
Huawei denies its phone alarm function 'favours Muslims'Huawei issued a statement saying that the alarm function is specifically designed for customers in overseas regions, and is not available i...